• Title/Summary/Keyword: Steel Logistics

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A Study on the Volatility Transition of Steel Raw Material Transport Market (제철원료 운송시장의 변동성 전이 분석에 대한 연구)

  • Yo-Pyung Hwang;Ye-Eun Oh;Keun-Sik Park
    • Korea Trade Review
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    • v.47 no.4
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    • pp.215-231
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    • 2022
  • Analysis and forecasting of the Baltic Capsize Index (BCI) is important for managing an entity's losses and risks from the uncertainty and volatility of the fast-changing maritime transport market in the future. This study conducted volatility transition analysis through the GARCH model, using BCI which is highly related to steel raw materials. As for the data, 2,385 monthly data were used from March 1999 to March 2021. In this study, after basic statistical analysis, unit root and cointegration test, the GARCH, EGARCH, and DCC-GARCH models were used for volatility transition analysis. As the results of GARCH and EGARCH model, we confirmed that all variables had no autocorrelation between the standardized residuals for error terms and the square of residuals, that the variability of all variables at this time was likely to persist in the future, and that the variability of the time-series error term impact according to Iron ore trade (IoT). In addition, through the EGARCH model, the magnitude convenience of all variables except the Iron ore price (IOP) and Capesize bulk fleet (BCF) variables was greater than the positive value (+). As a result of analyzing the DCC-GARCH (1,1) model, partial linear combinations were confirmed over the entire period. Estimating the effect of variability transition on BCF and C5 with statistically significant linear combinations with BCI confirmed that the impact of BCF on BCI was greater than the impact of BCI itself.

Analysis and survey of design decision making process in steel production process

  • Furukawa, Satoru;Yoshida, Tomohiro;Chi, Naiyuan;Okamoto, Hiroyuki;Furusaka, Shuzo
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.30-37
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    • 2020
  • In the building construction, the steel-frame work occupies an important position in terms of structure, cost and quality. Especially in Japan, steel frames have traditionally been the main structure of many buildings. For steel-frame works in such positions, this paper investigates an existing steel fabricator to clarify the actual conditions of design decision making process and management method in steel production process. This study focuses on a steel fabricator (Company M in the following sentences), whose main market is Japan and which has facilities in Thailand, China, and Japan. Company M uses QR codes to control the production status of products, and exchanges all information between inside and outside the company via specialized departments in the form of documents. The authors have already analyzed the relationship between production lead time and defect rate based on actual project data at Architectural Institute of Japan in 2016. In 2019, we expressed the process from the confirmation of the design information of the current steel frame to the production by WBS, and clarified the relationship between the production lead time and steel frame product quality structurally. In this paper, the authors reoport the progress of the survey conducted so far, the positioning of the collected data, and the future survey policy.

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A Simulation Case Study on Impact Safety Assessment of Roadside Barriers Built with High Anti-corrosion Hot-dip Alloy-coated Steel (용융합금도금 강판 적용 노측용 방호울타리 충돌 안전성 평가 해석 사례 연구)

  • Noh, Myung-Hyun
    • Journal of the Korean Society of Safety
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    • v.31 no.2
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    • pp.83-89
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    • 2016
  • As the world's industrial development quickens, the highways and regional expressways have been expanding to serve the logistics and transportation needs of people. The burgeoning road construction has led to a growing interest in roadside installations. These must have reliable performance over long periods, reduced maintenance and high durability. Steel roadside barriers are prone to corrosion and other compromises to their functionality. Therefore, using high anti-corrosion steel material is now seen as a viable solution to this problem. Thus, the objective of this paper is to expand the scope of applications for high anti-corrosion steel material for roadside barriers. This paper assesses the impact safety such as structural performance, occupant protection performance and post-impact vehicular response performance by a simulation review on roadside barriers built with high strength anti-corrosion steel materials named as hot-dip zinc-aluminium-magnesium alloy-coated steel. The simulation test results for the roadside barriers built with high strength anti-corrosion steels with reduced sectional thickness meet the safety evaluation criteria, hence the proposed roadside barrier made by high strength and high anti-corrosion hot-dip zinc-aluminium-magnesium alloy-coated steel will be a good solution to serve safe impact performance as well as save maintenance cost.

Beneficial effects of ton-bag and wire-steel pallet on postharvest handling of onion and the cost evaluation (톤백 및 와이어철제파렛트 이용에 따른 양파의 수확후관리 효율성 증대와 경제성 평가)

  • Kwon, Young-Deuk
    • Food Science and Preservation
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    • v.24 no.7
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    • pp.915-922
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    • 2017
  • This study aimed in onion production by evaluating cost and labor efficiencies of onion storage methods using either a ton-bag or a wire-steel pallet. New methods using ton-bag and wire-steel pallets were developed and applied to postharvest tasks, such as harvest packaging, transportation, and storage. The storage parameters evaluated for their effect on the logistics of onion production were: working duration, working hours, and cost expenditure. The longitudinal tensile strength of the ton-bag developed in this study was 16% higher than that of the conventional ton-bag. The wire-steel pallet developed in this study had 10% more storage capacity in a low-temperature storage room, and its truck loading capacity was more than doubled compared to that of the conventional steel pallet. There was no difference in the wasting rate during bulk storage between the newly developed wire-steel pallet and the conventional steel pallet, for 500 kg of onions. However, the bulk storage of 1,000 kg of onions using the wire-steel pallet was not found to be suitable, because the wasting rate of onions stored using the wire-pallet was 3.7% higher than that of onions stored using a conventional steel pallet. The time and the total investing costs for the bulk method decreased by 50.1% and 46.1%, respectively, compared to those for conventional harvest. In the bulk storage using the wire-steel pallet, the total storage cost decreased by 28.8%. Thus, it is estimated that we could have saved 18.3 billion won if the wire-steel pallet method about 30% of the total onion production (1,298,749 M/T) in 2016.

Experimental study on ultimate torsional strength of PC composite box-girder with corrugated steel webs under pure torsion

  • Ding, Yong;Jiang, Kebin;Shao, Fei;Deng, Anzhong
    • Structural Engineering and Mechanics
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    • v.46 no.4
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    • pp.519-531
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    • 2013
  • To have a better understanding of the torsional mechanism and influencing factors of PC composite box-girder with corrugated steel webs, ultimate torsional strength of four specimens under pure torsion were analyzed with Model Test Method. Monotonic pure torsion acts on specimens by eccentric concentrated loading. The experimental results show that cracks form at an angle of $45^{\circ}$ to the member's longitudinal axis in the top and bottom concrete slabs. Longitudinal reinforcement located in the center of cross section contributes little to torsional capacity of the specimens. Torsional rigidity is proportional to shape parameter ${\eta}$ of corrugation and there is an increase in yielding torque and ultimate torque of specimens as the thickness of corrugated steel webs increases.

Minimum cost design of overhead crane beam with box section strengthened by CFRP laminates

  • Kovacs, Gyorgy;Farkas, Jozsef
    • Structural Engineering and Mechanics
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    • v.61 no.4
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    • pp.475-481
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    • 2017
  • An overhead travelling crane structure of two doubly symmetric welded box beams is designed for minimum cost. The rails are placed over the inner webs of box beams. The following design constraints are considered: local buckling of web and flange plates, fatigue of the butt K weld under rail and fatigue of fillet welds joining the transverse diaphragms to the box beams, fatigue of CFRP (carbon fibre reinforced plastic) laminate, deflection constraint. For the formulation of constraints the relatively new standard for cranes EN 13001-3-1 (2010) is used. To fulfill the deflection constraint CFRP strengthening should be used. The application of CFRP materials in strengthening of steel and concrete structures are widely used in civil engineering applications due to their unique advantages. In our study, we wanted to show how the mechanical properties of traditional materials can be improved by the application of composite materials and how advanced materials and new production technologies can be applied. In the optimization the following cost parts are considered: material, assembly and welding of the steel structure, material and fabrication cost of CFRP strengthening. The optimization is performed by systematic search using a MathCAD program.

A Study on Development of Pre-heat Treated Steel Head Bolt for Swashplate Type Compressor of Car Air-conditioner (차량용 에어컨 압축기의 선조질강 헤드 볼트 개발에 대한 연구)

  • Kim, Youngshin;Kim, Hokyoum;Hwang, Seungyong;Kim, Youngman
    • Transactions of the Korean Society of Automotive Engineers
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    • v.24 no.5
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    • pp.588-595
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    • 2016
  • This paper is a study on head bolts that are used in A/C compressors to reduce production cost and solve leak problems on the head bolt seat area that causes massive intermittent malfunctioning during production. In this study, the pre-heat treated steel, which was used as a material in the head bolt, eliminated the heat treatment process after forging. The pre-heat treated steel head bolts, which have 10 % lower tensile strength than the conventional SCM 435 head bolts, were selected after considering the results of creeping rupture properties, axial force, and stress concentration per tensile strength variation. Then, the performance test and the durability test with the A/C compressor that was assembled with the pre-heat treated steel head bolts were performed and verified. Based on the results, the pre-heat treated steel head bolts developed in this study saved 7.3 % in production cost by eliminating the heat treatment process and the logistics process. Furthermore, the leak problem on the head bolt seat area in the A/C compressor was addressed significantly on the mass production assembly line.

A Study on the Applicability of High Manganese Steel to Naval Ship Hulls (고망간강의 함정 선체 적용 가능성에 관한 연구)

  • Kwangho Shin
    • Journal of the Society of Naval Architects of Korea
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    • v.61 no.1
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    • pp.61-67
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    • 2024
  • A naval mine is an effective weapon system implemented for defending defends ports and seas. A mine is an underwater weapon that poses a great threat to ships sailing over the sea from shallow areas. Most of the influence-type naval mines detect magnetic field signals from ships and determine the final time of fire. Therefore, the level of underwater electro-magnetic signatures of ships is a key requirement for determining the survival of ships in wartime situations where mines are emplaced. The main reason why the high manganese steel is attracting attention for naval ship hulls is its nature as a non-magnetic steel. The non-magnetic hull does not generate electro-magnetic signatures; thus, it has the advantage improving the stealth of the ship. In this paper, I examine whether this material can be applied in the hulls material of naval ships that must be ableto reduce underwater electro-magnetic signatures by considering the non-magnetic characteristics of the first developed high manganese steel in the world.

Analysis of Regional Economic Ripple Effects of Port Logistics Industry in Gwangyang City - Focusing on Exogenous Specified Input-Output Model - (광양시 항만물류산업의 지역경제 파급효과 분석 - 외생화 산업연관모형을 중심으로 -)

  • Kim, Min-Seong;Na, Ju-Mong
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.77-95
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    • 2023
  • The regional infrastructure industries of Gwangyang City, the subject of this study, are Gwangyang Port and Gwangyang Steel Mill. Therefore, it is necessary to analyze the regional economic ripple effects of the port logistics industry in Gwangyang City. In this study, a multi-stage approach using the RW and the LQ methodology using the national input-output tables in 2015 and 2019 is used to prepare the regional interindustry analysis chart in Gwangyang City, and an exogenous demand induction model that reclassified the port logistics industry was applied. Through this, the purpose of this study was to provide policy implications by figuring out the regional economic ripple effects of the port logistics industry quantitatively in Gwangyang City. As a result of the analysis, the industries with high production inducement effect and forward/backward linkage effect of the port logistics industry in Gwangyang City were analyzed as manufacturing, transportation, land and air logistics sectors. And the industries in which the added value inducement effect and the employment inducement effect were analyzed as an industry related to the service industry. Therefore, it is necessary to prepare support measures to foster the port logistics industry as a way to promote these industries and revitalize the local economy of Gwangyang City. To this end, it is desirable to improve policies and systems for the vitalization of the Gwangyang port maritime cluster and provide various policy support for the port logistics industry in Gwangyang City. This study is meaningful in suggesting policy implications for the regional economy of Gwangyang City based on the results of exogenous analysis of the port logistics industry in small and medium-sized cities. However, It seems that further studies related to this will be needed in the future.